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Here are commentaries and articles written by Bob Marshalla for our clients and friends.  All material contained herein is copyright protected and may not be reproduced in any manner without the express written permission of the copyright owner. Some articles marked with a require a password to open. Please contact us if you've forgotten the password.

Quarterly Commentaries

2010

Q2 Quarterly Commentary: Looking "Less Good"
Looking a little “less good”, but still moving in the right direction

Performance Review of Mutual Funds Held by MAM Clients

Q1 Quarterly Commentary: Still Moving Up

2009

Year End Review and Commentary: An Excellent Year for Investors, but a Cautious Prognosis for the Future

Q3 Quarterly Commentary: I Have to Admit It’s Getting Better
Stocks have soared and the economy is turning the corner, but we are cutting back on REIT’s and adding to emerging markets

Q2 Quarterly Commentary: The Slowdown Slows Down & Markets Surge, But When Will Housing Pick Up?

Q2 Quarterly Commentary: Excellent Recent Performance by Our Funds
Almost all of our funds have beaten their benchmarks this year

Q1 Quarterly Commentary: Glimmers of Light
Commentary on the financial situation, public policy and investment strategy going forward

2008

Year End Review and Commentary: The Audacity of Hope – Investor’s Version
A calamitous and frightening year for our financial system and for virtually all kinds of investments

Q3 Quarterly Commentary: Investment Revisions

Q2 Quarterly Commentary: Times Are Rough – What’s Next?
With comments on commodities, energy and emerging markets

Q1 Quarterly Commentary: Traversing a Gauntlet
Market review plus comments about market timing strategies

2007

Year End Review and Commentary: A Stormy Year – More to Come?

Q3 Quarterly Commentary
Why we “tilt” but don’t “lurch”, and the value in value investing

Q2 Quarterly Commentary

Q1 Quarterly Commentary
The case for international real estate, plus how momemtum and mean reversion can both exist in the stock market

2006

Year End Review and Commentary

Q3 Quarterly Commentary

Q2 Quarterly Commentary

Q1 Quarterly Commentary

2005

Year End Review and Commentary

Q3 Quarterly Commentary

Q2 Quarterly Commentary

Q1 Quarterly Commentary

2004

Year End Review and Commentary

Q3 Quarterly Commentary

Q2 Quarterly Commentary

Q1 Quarterly Commentary

2003

Year End Review and Commentary

Q3 Quarterly Commentary

Q2 Quarterly Commentary

Q1 Quarterly Commentary

2002

Year End Review and Commentary

Other Articles by Bob Marshalla

2010

Roth IRA Conversions
Everyone is now eligible to convert their traditional IRA to a Roth IRA. Should you do it?

MAM Investment Strategy
Changes in MAM investment policies since the financial crisis, plus a review of other key features and proposed new additions

Adding a Managed Futures Strategy to Our Portfolios

2009

A Case for Investing in Emerging Markets

2007

Investors’ Actual Returns Less Than You Might Think

2006

The Search for Exceptional Mutual Fund Managers

Fundamental Indexing

2005

Picking Stocks: Is the "Dream Team" Always Best?

The Case for Diversifying With Commodity Futures

"Conundrum" Times Two: Interest Rates and the U.S. Dollar

On the Interpretation and Use of Market Benchmarks

2004

Long Term Care Insurance

2003 and prior

Long Term Care Insurance

What is the Fair Value of the Stock Market?

Alternative Investments

Should We End the Double Taxation on Dividends?

The Proposed Overhaul of Retirement Savings Plans

How and How Not to Use Benchmarks to Evaluate Performance

Investment Maxims: Ten Guidelines for Intelligent Investors

How to Choose a Stock: It's All in the Point Spread

 
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